Premier Energies Subsidiaries Win ₹560 Crore in New Solar Contracts.

Premier Energies Limited announced that its subsidiaries have secured solar contracts totaling ₹560 crore from two major domestic Independent Power Producers (IPPs). Under these agreements, Premier Energies International Private Ltd. will supply solar modules valued at ₹513 crore, while Premier Energies Photovoltaic Private Ltd. will deliver solar cells worth ₹47 crore.

Deliveries are set to commence in December 2024, with completion expected by May 2025. The contracts, awarded by domestic clients as one-time orders, involve no related parties or promoter group interests, the company confirmed.

HBL